Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
The S&P 500 rose 1.1% Tuesday as tech stocks extended their rally. Equity inflows reached $10 billion, marking the largest since January 2017, while trading activity thinned ahead of the Christmas holiday.
Tech Stocks Propel S&P 500 Gains in Light Holiday Trading
With tech companies maintaining their good start to the week, the S&P 500 finished higher on Tuesday in thin trade ahead of the Christmas holiday.
Among the market leaders at 1:00 p.m. ET (18:00 GMT) were the S&P 500 and Nasdaq 100, which both had 1.1% increases, and the Dow Jones Industrial Average, which climbed 0.9%, or 350 points.
There will be no trading on Christmas Day or after the New York Stock Exchange's early Tuesday closure in observance of Christmas Eve.
Mag 7 Tech Stocks Lead Market Momentum
While NVIDIA Corporation remained flat, the so-called Mag 7—Apple, Amazon.com, Meta Platforms, Alphabet, Class A, and Tesla—continued their good start to the week in technology.
Following the beginning of a new trade probe into legacy chips manufactured in China, the Biden administration sent chip stocks, which had already accumulated gains the day before, up a little bit more. This could result in new duties on semiconductors made in China.
Per Investing.com, recouping from an intraday loss, American Airlines Group shares were flat on Tuesday after the company momentarily grounded all U.S. flights due to a "technical issue." A decision was made to remove the ground stop.
Novo Nordisk Faces Pressure from Weight Loss Drug Study
Declining expectations in a late-stage research of Novo Nordisk A/S's weight loss medicine caused the company to tumble, stalling its comeback from a previous plunge.
For the seventh week in a row, BofA Securities said that its clients kept buying US stocks. More specifically, inflows hit $10 billion, the highest level since January 2017 and the second-highest since 2008.
Large-Cap Stocks Dominate $10 Billion Equity Inflows
Investments were evenly distributed between individual equities and exchange-traded funds (ETFs), as in previous weeks, with a larger influx into individual stocks. Traders were mostly interested in purchasing large-cap equities, with small caps seeing relatively muted inflows.
For a third consecutive week, both institutional and retail investors boosted their equities holdings; retail clients did the same. Hedge funds, on the other hand, sold more than they bought for the second week running.
Institutional clients' inflows reached a nine-month high, following a normal pattern of increased buying activity following mutual funds' tax-loss selling in October.
“Private clients typically are big sellers in December amid tax loss selling vs. big net buyers in January. While this group has been a buyer of ETFs this month, it has sold single stocks, though slightly less so than in the average December,” said Jill Carey Hall and other BofA analysts.
